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Racine, WI Multifamily Homes & Duplexes for Sale

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  • /12

    $339,900

    1231 Marquette St, Racine, WI 53404

    Exceptional Cash-Flowing Four-Family Property in Racine. This property currently generates $3,625 per month in rental income, with potential for growth. Two of the four units have been converted into three-bedroom layouts. You also have the opportunity to transform the remaining two units, maximizing your investment!

    Adam Pischke ReBelle Realty

    1231 Marquette St, Racine, WI 53404
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    $300,000

    • 2,018 Sq Ft

    1220 N Wisconsin St, Racine, WI 53402

    GREAT INCOME PRODUCER! This well-maintained 4-family property includes a mix of units: one spacious 2-bedroom, one 1-bedroom, one large efficiency, and one smaller efficiencyideal for maximizing rental income. Recent updates throughout include modern flooring, refreshed kitchens and bathrooms, and updated fixtures, offering turnkey appeal for both tenants and investors. Located within walking

    Joseph Singsheim Keller Williams Realty-Milwaukee Southwest

    1220 N Wisconsin St, Racine, WI 53402
  • /18

    $799,000

    831 College Ave, Racine, WI 53403

    Solid 12-unit brick apartment building in Racine, ideally located near Lake Michigan. All units feature 1 bedroom and 1 bathroom with practical layouts and and original woodwork. This property offers consistent rental income and strong tenant appeal. Close to the lakefront, parks, downtown amenities, and public transportation. A great investment opportunity in a high-demand area.

    Adam McCarthy Smart Asset Realty Inc

    831 College Ave, Racine, WI 53403
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    $272,900

    • 3,000 Sq Ft

    2125 Taylor Ave, Racine, WI 53403

    Charming 3-Unit Gem where Racine meets the edge of Elmwood Park! Bursting with original character, this building features arched entryways, GLEAMING hardwood floors, and TIMELESS charm throughout! The layout includes two bright 1-bedroom units (one with a walk-out balcony) upstairs and a spacious 3-bedroom unit on the main level, each with roomy living and dining areas and classic tiled

    Erica Winship Premier Point Realty LLC

    2125 Taylor Ave, Racine, WI 53403
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    $649,997

    • 3,972 Sq Ft

    909 College Ave, Racine, WI 53403

    TURN KEY, freshly updated and cash-flowing 7-unit property just steps from downtown and Lake Michigan. Recent improvements include newer roof, siding, and front porch. All units feature modern finishes, keyless entry, and tenant-paid utilities. On-site coin laundry and 3-car garage offer additional income potential. The attic is also stubbed out for future expansion/additional income! Completely

    Devin Cain Realty ONE Group Boardwalk

    909 College Ave, Racine, WI 53403
  • /17

    $259,000

    945 N Memorial Dr, Racine, WI 53404

    Newely remodeled solid brick building two residential unit unit 1- 1 bed 1 bath unit 2- 3 bed 1 bath and 1commerical unit great space for open vape shop or tobacco or bring your imagination for new roof 2024 new furnace 2024 new plumbing throoug out building new electric

    Jatinder Mangat Sorenson Realty Associates, LLC

    945 N Memorial Dr, Racine, WI 53404
  • /21

    $187,500

    1644 Packard Ave, Racine, WI 53403

    This is your opportunity to own one of the few licensed Rooming Houses/SRO's in Racine! There are 9 furnished rooms upstairs, 5 are currently rented. The Rooming House has a kitchen and bathroom shared by the tenants. All tenants are MTM and rent is $325/room. The lower unit is a 2 Bedroom 1 Bath and is currently rented for $900 a month. 2 Car detached garage is located to the rear of the

    Jennifer Kortendick Doering & Co Real Estate, LLC - Racine

    1644 Packard Ave, Racine, WI 53403
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    $2,300,000

    • 11,284 Sq Ft

    3111 Wheelock Dr, Racine, WI 53405

    ''Rare opportunity to own two solid brick apartment buildings totaling 16 units in a prime Hwy 11 location. The property includes eight 2-bedroom and eight 1-bedroom units, with updates in six of the 2-bedrooms and five of the 1-bedrooms. These updated units feature modern appliances, granite countertops, new lighting packages, and refreshed bathrooms. Each unit is equipped with in-unit air

    Karen Sorenson RE/MAX Newport

    3111 Wheelock Dr, Racine, WI 53405

Why Live in Racine

The Racine Art Museum houses North America's largest contemporary craft collection, while the historic Wind Point Lighthouse stands as a restored beacon along Lake Michigan's shores. Frank Lloyd Wright's architectural legacy lives through the SC Johnson Administration Building and Wingspread conference center, both open for public tours. North Beach has earned recognition as a top family destination for swimming and sunbathing. The Root River provides year-round recreation through fishing, hiking, canoeing, and kayaking opportunities. Downtown Racine buzzes with monthly First Friday celebrations and summer concerts at Festival Park. Local dining ranges from Wells Brothers Restaurant's award-winning thin-crust pizza to authentic international cuisine at Kabab and Grill and Asiana Asian Cuisine Restaurant. The housing market includes diverse options across distinct neighborhoods. Single-family homes in Downtown Racine have a median price of $357,000, while West Racine's median price sits at $198,000. The Lakecrest area commands a median price of $361,000 for single-family homes. One-bedroom condos throughout Racine have a median price of $149,300, while two-bedroom condos reach a median of $247,800. Property taxes in Racine County stand at 1.7%, slightly higher than Kenosha County at 1.69% but lower than Milwaukee County's 2.04%. The Wisconsin state income tax rate is 5.30% for a yearly salary of $41,645.00. Major employers include SC Johnson, CNH Industrial, and Twin Disc. Commuters benefit from the Belle Urban System bus service and nearby Amtrak access at Sturtevant station, with Milwaukee 22 miles north and Chicago 60 miles south. The Prairie School, a private institution serving multiple neighborhoods including Lakecrest and North Bay-Shorecrest, maintains an A+ rating. Walden III High School, serving Cedar Bend and Kinzie Heights, holds a B+ rating among public schools.

Home Trends in Racine, WI

Housing Trends

Median Sale Price
$265,000
Median Single Family Sale Price
$265,000
Median 2 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$176
Number of Homes for Sale
2
Last 12 months Home Sales
63
Months of Supply
0.40
Median List Price
$239,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
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